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WORKERS' COMPENSATION AND REHABILITATION ACT 2003 - SECT 105J
Return of section 84 security after cancellation
105J Return of section 84 security after cancellation
(1) This section applies if the non-scheme employer considers that all
accrued, continuing, future and contingent liabilities of the non-scheme
employer as a self-insurer have been discharged or adequately provided for.
(2) The non-scheme employer may, by written notice, ask the Regulator to
return the balance of the non-scheme employer’s section 84 security.
(3)
The Regulator must, within 60 business days after being given the request—
(a) return the balance; or
(b) if the Regulator considers that all accrued,
continuing, future and contingent liabilities of the non-scheme employer as a
self-insurer have not been discharged or adequately provided for—give the
non-scheme employer a written notice refusing to return the balance and
stating the reasons for the refusal.
(4) If the Regulator refuses to return
the balance, the non-scheme employer may appeal under chapter 13 .
(5) In
this section—
"return" includes relinquish.
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